Data room technology enables companies to securely store and share documents in corporate transactions such as M&A deals, fundraising and other business-related activities. Virtual data rooms help businesses to avoid security risks associated with the use of common file sharing tools or sending confidential documents via emails, which are typically not encrypted and do not provide an audit trail.
The best VDR allows you to share data, with an easy-to-use interface and features that help make due diligence quicker and more efficient. It’s also extremely secure, ensuring that information is only accessible to those who are supposed to see it, and not accidentally shared with anyone else. Premium providers offer support 24/7 to help you resolve technical issues, and provide advice on how best to use a data room.
It doesn’t matter if you’re trying convince investors to invest in your company or simply presenting your pitch deck, an engaging and well-structured data room can help you convey the best of your information to your audience. A concise and clear presentation can be an advantage when conducting an online roadshow. It allows investors to concentrate on special info the most important issues, instead of being bogged down in granular details or intricate analyses.
Remember to only share a subset when sharing engagement or retention metrics. For instance, users who spend more than 20 minutes a day on your app or have added five or more friends. Over-sharing can confuse or overpower your audience.